Aircon Raises $3.3M in Seed Funding

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Summary

The company intends to use the funds to invest in partnerships across the air cargo and freight markets, global gateway expansion, growing its AI tech infrastructure, and hiring talent. Led by Chris Condon, Founder and CEO, Aircon enables businesses, e-commerce platforms and retailers to access shipping capabilities, streamline their supply chain, reduce transportation expenses, combining shipments leveraging AI and machine learning to consolidate cargo heading to the same destination while optimizing space on aircraft. This enables forwarders of all sizes to have access to consolidation options worldwide, creating operating efficiencies and improving margins. Using technology and proprietary processes, it executes time-sensitive consolidation of shipments right up to wheels-up so that shippers receive the best possible pricing. The company combines shipments leveraging AI and machine learning to consolidate cargo heading to the same destination while optimizing space on aircraft.

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Amount $3.3M Total raised
Date August 23, 2023 Announcement date
Investors - Lead investors
Company http://www.airconai.com Funded company

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